[FutureSDguy]

So the reporter couldn’t have turned over the evidence to the police department? If this guy had committed theft, then there’s a process for dealing with it through law enforcement. Last year, my wife and I were victims of identify fraud once that ended up putting a $3000 dent on our credit card–we called the city police and they followed up on it and even worked with ebay. They couldn’t solve the crime as it was international, but I tell you this story to let you know that it’s the police’s job to investigate theft and the attorney’s office to prosecute. All this reporter did was make a fool of himself–he’s not fighting any crime here.

[FutureSDguy]

I just can’t believe that lady hasn’t sold her house. Because those cupcakes looked really… really good!

[FutureSDguy]

Reporters are not ones who are tasked to fight crime. If this had been a police officer would there be water sprayed about? The reporter could have been persistent without sticking around while the violence escalated.

[FutureSDguy]

Okay, by all means husband and wife should be punished for assault.

But come on here. Am I the only one to say that the reporters should have just left? Its bad enough that they were being media-greedy paparazzis with no genuine concern for educating viewers about fraud, but rather just doing the typical investigative reporting gotcha-gotcha. But no, this wasn’t enough, they saw a great opportunity to film violence for tonights local news and took it. They aren’t guilty of violence, but they are guilty of not acting to prevent it. If it were a pitbull in the yard, should the cameraman stick around and film the bloody battle between human and canine? “Wow, the dog’s jaw is now locked around the reporter’s throat… you have that on camera don’t you?”

[FutureSDguy]

It’s clear that rentals should go up due to increased demand from those who can’t or won’t buy houses at today’s prices. But supply is also a factor, but I don’t see a glut of rentals happening.

I’m concerned that low income housing is also going to go up due to the upward vacuum effect (higher priced rentals go higher, leaving a price gap that lower priced rentals will then fill). The people who work in the service industry play a very important part of an economy, and they just may be priced out. New York City has a great subway system to help transport people from outlying areas, but can the San Diego area deal with the lack of housing for these people?

Brian

[FutureSDguy]

RE marketing sure has gotten strange. I guess all this worked when there was a buying frenzy. I’ve been interpreting their low end as my high end (i.e. i’ll lowball somewhere and then meet somewhere in between.). Their high is is some made-up number and the range is also equally meaningless.

In fact, if my interpretion is what really happens, the short sale predictions in http://sandiegomarketmonitor.blogspot.com is significantly underestimating the capital loss. From what I’ve seen, it sets the hypothetical sale price as the midpoint between their low and their high.

[FutureSDguy]

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[FutureSDguy]

SDC, i’ve been meaning to ask this for a while. What’s up with the low-high range? How does the seller view the meaning of the low end and the high end? Can’t they just say “will take offers from x on up to infinity?”

[FutureSDguy]

I’m not a fan of community gates.

At the townhome I was at, our HOA funds were debited often by having to fix it. The association president was called often to come manually open it. And it becomes a liability in trying to attract drive-bys when you go to sell it.

The semi-plusses: the illusion of security (robbers on foot could have jumped our 4′ side gate)–maybe there are other models that actually are more secure. “Gated community” sounds nice when you sell it. Less drive-through traffic, but that wasn’t a problem in the first place since the street leading into my community was an obvious dead end.

[FutureSDguy]

“Could the “ask the realtor” test be superior to any model?”

Using RAND() in Excel would be superior to asking a realtor. 🙂 J/K (no truth in this joke, mostly anyway… I’m too much of a newbie to be making jokes, aren’t I) Realtors specialize in making commissions more than they specialize in following the market, so their answers tend to be rather biased. I’ve had short email exchanges w/ some agents in the area. One of them was “But San Diego is a very attractive place to live, so prices will stay high.” I told her that frequent piggington.com and she never replied back.

[FutureSDguy]

Hi, CBL. (And thanks to everyone so far for replying to my question–this is turning out to be a good read.)

I lived in the Seattle area up to 2004 (sold a townhouse just as the market there was starting to taking off), and then moved across the state to Pullman for graduate school (bought a decent cookie cutter house under market value). California would be a big jump for us in 2007, but Seattle just didn’t excite us anymore (I’m actually an Idaho native.) We’re trying to do our California move with our eyes wide open. And if and when we get settled, we look forward to the friendly culture that hear about!

As for the Seattle market, you probably know as much as I do based on surfing the web. It is softening up, thankfully. Everyone who works hard and saves up a little money should deserve a house.

Why Carlbad. I’ve been “drifting” in several areas, but I won’t know for sure until I secure employment in the software industry and have a feel for the area (hence my curiousity about the rental situation). I had originally been focusing on Escondido, but then realized that the prices are not so bad in the Oceanside/Carlsbad area and it would potentially place me closer to work. This is not only better for commute, but it would also help socially as I would be able to entertain coworkers at home.

Brian

[FutureSDguy]

Hi, I’m new here. I’m seriously considering moving to Carlsbad (deep anxious breath), and have been lurking for a while. Buying a house in late 2007 or 2008 is sort of my gameplan right now.

Now… Renting… is it going to get bad? I have 2000sqft worth of junk to move from Washington. 🙂 I’m hoping that the rental market will be gentle enough for my wife and me to justify not buying a house for a while. I recently convinced her to overcome her psychological opposition to renting, and now there appears to be a significant financial factor here. Are rents going up to a price point that reflects the current (albeit downtrending) RE market? Can the rental market actually put pressure *against* correction in the RE market?

Brian

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